Monday, March 8, 2010

Nifty- Intra Update 8th March.

We have got the opening of 5135 as expected and posted in EOD analysis from Friday.
Rememeber Buyers are in control till VAH is protected.
Shorts are safe only below VAL. Watch the tape for cues.

2 comments:

Unknown said...

Sir,
When prices open well above the VAH what will be the possiblities...will it trade above VAH or come inside the value area

Viren said...

When prices open above VAH, it is reconfirming the view that buyers are stronger than sellers.

What it will do after that can be known only be reading the chart..